Godolphin Resources (Godolphin Resources) Debt-to-Equity : 0.01 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Godolphin Resources Debt-to-Equity?

Godolphin Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.05 Mil. Godolphin Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Godolphin Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5.98 Mil. Godolphin Resources's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Godolphin Resources's Debt-to-Equity or its related term are showing as below:

GDPHF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.03
Current: 0.01

During the past 4 years, the highest Debt-to-Equity Ratio of Godolphin Resources was 0.03. The lowest was 0.01. And the median was 0.02.

GDPHF's Debt-to-Equity is ranked better than
99.92% of 1305 companies
in the Metals & Mining industry
Industry Median: 0.13 vs GDPHF: 0.01

Godolphin Resources Debt-to-Equity Historical Data

The historical data trend for Godolphin Resources's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Godolphin Resources Debt-to-Equity Chart

Godolphin Resources Annual Data

Trend

Jun19

Jun21

Jun22

Jun23

Debt-to-Equity

0.02

0.03

Godolphin Resources Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.02	0.02	0.02	0.03	0.01

Competitive Comparison of Godolphin Resources's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Godolphin Resources's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Godolphin Resources's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Godolphin Resources's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Godolphin Resources's Debt-to-Equity falls into.

Godolphin Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Godolphin Resources's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.046	+	0.115)	/	5.588
	=	0.03

Godolphin Resources's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.049	+	0)	/	5.979
	=	0.01

Godolphin Resources (OTCPK:GDPHF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Godolphin Resources Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Godolphin Resources's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Godolphin Resources (Godolphin Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Godolphin Resources Ltd (OTCPK:GDPHF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GRL:Australia

Address

11-19 William Street, P.O. Box 9497, Unit 13, Orange, NSW, AUS, 2800

Website

https://www.godolphinresources.com.au

Godolphin Resources Ltd is an Australia based mining company. Its project includes Lewis Ponds, Ophir, Copper Hill East porphyry copper project, Mt Aubrey epithermal gold-silver project, Yeoval, Wiseman's Creek gold-copper project, and Calarie gold project.

Godolphin Resources (Godolphin Resources) Headlines

No Headlines